China to inspect local property regulation
Updated: 2012-07-25 09:03
(Xinhua)
|
||||||||
BEIJING -- China's State Council said Tuesday that the country will send eight teams later this month to inspect the implementation of property regulation policies by local authorities.
The move aims to "further ensure that the property regulation measures are implemented, speculative housing demand is curbed, and to strengthen the effects of the property regulation measures," the State Council said in a statement.
The teams will go to 16 cities and provinces, to inspect how well the housing purchasing limit policies and differential credit policy have been carried out, and check the supply and management of residential land and the implementation of tax policies, it said.
The municipalities and provinces include Beijing, Tianjin, Shanghai, Chongqing, Hebei, Jiangsu, Zhejiang and Fujian.
The inspection teams will urge regions, where the property regulation measures are not strictly followed, to make rectifications, the statement said.
The announcement came after the country's property market has shown signs of warming following the government's efforts to stimulate the slowing economy in recent months.
In June, more major Chinese cities saw home prices rise from May, according to government statistics. It was also the first time since September 2011 for the number of cities with price increases to exceed the number of cities that experienced drops, although the rises in the 25 cities were all less than 0.6 percent.
China's economy grew 7.6 percent in the second quarter, the lowest level in more than three years, sparking speculation that the central government might ease property curbs to shore up growth.
However, central government officials have repeatedly stated that the property regulation measures will be kept in place to prevent a rebound in housing prices.
- Relief reaches isolated village
- Rainfall poses new threats to quake-hit region
- Funerals begin for Boston bombing victims
- Quake takeaway from China's Air Force
- Obama celebrates young inventors at science fair
- Earth Day marked around the world
- Volunteer team helping students find sense of normalcy
- Ethnic groups quick to join rescue efforts
Most Viewed
Editor's Picks
Supplies pour into isolated villages |
All-out efforts to save lives |
American abroad |
Industry savior: Big boys' toys |
New commissioner
|
Liaoning: China's oceangoing giant |
Today's Top News
Health new priority for quake zone
Xi meets US top military officer
Japan's boats driven out of Diaoyu
China mulls online shopping legislation
Bird flu death toll rises to 22
Putin appoints new ambassador to China
Japanese ships blocked from Diaoyu Islands
Inspired by Guan, more Chinese pick up golf
US Weekly
Beyond Yao
|
Money power |